India added 11.3 GW of solar modules, 2 GW of cell capacity in 1H 2024

09 Oct 2024 CW Team

In the first half of 2024, India added 11.3 gigawatts (GW) of solar modules and 2 GW of solar cell capacity, as reported in the Mercom India research report titled “State of Solar PV Manufacturing in India 1H 2024.” The report highlighted that these manufacturing capacity additions were driven by strong demand, with solar project pipelines projected to total 132.7 GW between 2024 and 2026. Additionally, the reimposition of the Approved List of Models and Manufacturers (ALMM) order in April 2024 contributed to this growth.

By June 2024, India's cumulative solar module manufacturing capacity reached 77.2 GW, while solar cell manufacturing capacity totaled 7.6 GW. Approximately 51 GW of module capacity across various technologies had received ALMM certification by the end of June 2024. The report indicated that the top 10 manufacturers accounted for nearly 58 percent of module production and 100 percent of cell production capacity.

Looking ahead, India's solar module manufacturing capacity is expected to reach 172 GW and cell capacity nearly 80 GW by 2026. Raj Prabhu, CEO of Mercom Capital Group, noted that despite significant capacity additions, the supply of domestically produced modules remains constrained because cell production has not increased accordingly. He expressed concern that many projects could experience delays due to domestic content supply shortages without a rapid increase in cell capacity. Furthermore, he stated that average module prices are likely to stay high until supply and demand stabilize. As trade restrictions tighten, manufacturers' reliance on exports for long-term growth is increasingly seen as risky. Gujarat emerged as the leading state for solar photovoltaic component manufacturing, housing about 45 percent of solar modules and 52 percent of solar cell capacity in the country by June 2024.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..